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Money and Change Practice

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Money and Change Practice

Money and Change Practice

New Zealand coins and notes illustration

💰 Part 1: New Zealand Money Knowledge

1. Circle the correct value for each New Zealand coin or note:

Gold coin (smallest):

10c

$1

20c

Largest coin:

$1

$2

50c

2. Put these New Zealand money amounts in order from smallest to largest:

$5 note, 20c coin, $2 coin, 50c coin, $10 note

🧮 Part 2: Adding Up Costs

3. Calculate the total cost of these items:

a) Book: $12.50 + Pencil case: $8.75

Total: $ __________

b) Lunch: $6.20 + Drink: $3.80 + Snack: $2.50

Total: $ __________

c) T-shirt: $15.99 + Socks: $4.50 + Hat: $12.00

Total: $ __________

4. Estimate first, then calculate the exact total:

Items cost: $7.95 + $12.10 + $5.85

My estimate: About $ __________ (round to nearest dollar)

Exact total: $ __________

💵 Part 3: Giving Change

5. Calculate the change for each purchase:

a) Items cost $18.50, customer pays with a $20 note

Change: $ __________

b) Items cost $23.75, customer pays with a $50 note

Change: $ __________

c) Items cost $41.20, customer pays with $45.00

Change: $ __________

6. Check if this change is correct by choosing the right answer:

Purchase: $16.40, Payment: $20.00, Change given: $3.60

Correct - the change is right

Incorrect - the change should be $4.60

Incorrect - the change should be $3.40

🛒 Part 4: Shopping Scenarios

7. You have $30.00 to spend. Check all the combinations you can afford:

Magazine ($8.50) + Chocolate ($4.20) + Drink ($3.80)

Game ($22.99) + Snack ($6.50)

Book ($15.75) + Notebook ($7.25) + Pen ($5.00)

Lunch ($12.40) + Dessert ($4.60) + Juice ($2.90)

8. Word Problem: Sarah buys a sandwich for $8.50 and a juice for $3.25. She pays with a $20 note. How much change should she receive?

Step 1 - Calculate total cost:

Step 2 - Calculate change:

Sarah's change: $ __________

9. Planning a purchase: You want to buy 3 items that cost $7.80, $12.50, and $9.20. You have a $50 note.

a) Estimate the total cost (round each item to nearest dollar):

$8 + $13 + $9 = About $ __________

b) Calculate the exact total:

Exact total: $ __________

c) How much change from $50?

Change: $ __________

d) Was your estimate close to the actual total?

💡 Part 5: Problem Solving Challenge

10. Budget Challenge: You have exactly $25.00 to buy a birthday present and wrapping paper. The wrapping paper costs $3.75. What is the maximum you can spend on the present?

Maximum for present: $ __________

11. Multiple Payments: A customer buys items costing $15.60. They pay with one $10 note, two $2 coins, and the rest in smaller coins. How much do they still need to pay?

Payment so far: $10.00 + $2.00 + $2.00 = $ __________

Still need to pay: $ __________

12. Explain your thinking: Why is it important to check your change when shopping?

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